Bill Gross - Biography, Investment Style & Experiences
Biography2
Description - Bill Gross Investment Strategy3
Failures of Bill Gross's Investments4
Bill Gross's Bond Fund Suffers 4th Consecutive Monthly Outflow4
Bill Gross swings and misses4
Successes of Bill Gross's Investment5
The Secret of PIMCO Commodity's Success5
Bill Gross: All Assets Are Risky, But I'm Buying Treasuries5
References6
Bill Gross - Biography, Investment Style & Experiences
Biography
William Hunt Bill Gross, commonly known as “bond king”, was born on April 13th, 1944 (Gross, 1998). He is an American citizen and born in Middletown, Ohio. He works as a financial manager and authored several publications in which most of them relates to his profession. He is a co-founder in the Pacific Investment Management (PIMCO).
He completed his B.A. in psychology from Duke University in the year of 1966. He then worked in navy and whilst serving it, he accomplished the degree of MBA from UCLA Anderson School of Management. He started his career as an investment analyst and then earned fame, as well as became C.F.A. Charterholder. Prior to PIMCO, he worked for Pacific Mutual Life for the tenure ranging from 1971 to 1976. Currently, he manages PIMCO's Total Return fund, which is the world's largest bond fund and various smaller others. As per the recent statistics revealed in the Forbes magazine, Bill Gross is the 564th richest person on the earth, bearing a net worth of around $2.1 billion, in the year of 2011.
His major publications are two renowned books related to his investing profession i.e. “Bill Gross on Investing” and “Everything You've Heard about Investing is wrong” in 1990's.
Description - Bill Gross Investment Strategy
Bill Gross is a world renowned investment analyst and financial manager around the globe. He is in one of the world's leader in his profession. He currently holds the world's largest bond fund i.e. PIMCO's Total Return whereby the current investment in around $250 billion (forbes.com, 2013).
Before Bill Gross entered into the bond market, the market usually tends to aim the passive investment strategy. The investors adopted buy-and-hold strategy and preferred to invest in stocks alternatively that tend to have lower-risk associated with them. The investors were happy not because they earned high returns, but they held themselves protected from the rampant return pathways of the Wall Street.
Bill Gross has been renowned and famous for his ability to beat the market for a time span spreading more than three decades. He is an active investment portfolio manager. He ...